Search found 93 matches

by RetiredArtist
Fri Oct 11, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5198

Re: A great example of single stock risk

If a single stock is a large part of your portfolio, wouldn't you follow it in the news? PG&E had a big gas line explosion in San Bruno in 2010, due to incompetence if not greed. I think this was an early warning to shareholders. This article in today's Chronicle reviews PG&E problems. It does not m...
by RetiredArtist
Tue Sep 24, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Thought provoking non-fiction for 3rd grader
Replies: 51
Views: 2258

Re: Thought provoking non-fiction for 3rd grader

Take your kid to the local library & ask the children's librarian.
by RetiredArtist
Fri Sep 20, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents in assisted living with new high costs; seeking advice
Replies: 27
Views: 3416

Re: Elderly parents in assisted living with new high costs; seeking advice

Thanks Celia, your comment brought up this question too -- can her need of personal aides (not medical professionals) be considered a medical expense/deduction? The facility would not allow her to stay without them and I maybe her doctor would sign off on it. Not sure. Most of this year's assisted ...
by RetiredArtist
Mon Sep 16, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Why does my mom need a home appraisal?
Replies: 26
Views: 2376

Re: Why does my mom need a home appraisal?

Absent big remodels, under Prop 13, you and your dad's CA property taxes surely increased by the same percentage.
by RetiredArtist
Mon Sep 16, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why does my mom need a home appraisal?
Replies: 26
Views: 2376

Re: Why does my mom need a home appraisal?

I had a similar experience helping older relatives in CA. When first spouse passed away, remaining spouse received stepped up cost basis on the joint home. The increased cost basis did not change the CA Proposition 13 tax basis in our case. This stepped up cost basis would reduce taxes if trustees n...
by RetiredArtist
Tue Sep 10, 2019 2:20 pm
Forum: Personal Investments
Topic: Giving stock shares to daughters, stock not traded.
Replies: 24
Views: 1281

Re: Giving stock shares to daughters, stock not traded.

For a gift, basis follows the stock. Your basis ($68,000) will be her basis, and if she sells at a loss, she gets the claim the loss on her taxes. You would not get the tax loss benefit by giving her the stock. This isn't correct in the case where the FMV of the gift is less than the donor's basis....
by RetiredArtist
Sun Sep 08, 2019 3:22 pm
Forum: Personal Investments
Topic: Locating a good, unbiased “financial advisor”
Replies: 15
Views: 1571

Re: Locating a good, unbiased “financial advisor”

look into Garrett Financial Planning Network...
by RetiredArtist
Thu Aug 29, 2019 2:19 pm
Forum: Investing - Theory, News & General
Topic: Personal Flagship Representaive Going Away
Replies: 126
Views: 12913

Re: Personal Flagship Representaive Going Away

For decades my only Vanguard investments were modest retirement funds. There was a bad mix-up (contributions from 2 different employers were mingled). As a plebeian, I spoke to a different inexperienced rep each time--this pot luck approach meant each rep had their own take on what to do next. I did...
by RetiredArtist
Tue Jul 23, 2019 12:16 pm
Forum: Personal Consumer Issues
Topic: Uber Without Smartphone
Replies: 103
Views: 7447

Re: Uber Without Smartphone

When you order a Lyft/Uber, confirmation includes car type & color, license plate, & driver name & photo. This is a good safety feature. Consumer Cellular also offers cheap phone service, & I am told, good customer support (if you have questions while you get used to a smartphone)
by RetiredArtist
Thu Jul 11, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: A good name for a donor advised fund
Replies: 25
Views: 1661

A good name for a donor advised fund

When I make a donation, some charities hound me with requests for further donations, or invite me to fundraising events. I wish they wouldn't. I am going to establish a donor advised fund. I suppose it is best to choose a name other than my own? How do people with DAFs choose names?
Thanks!
by RetiredArtist
Sat Jun 08, 2019 5:23 pm
Forum: Personal Consumer Issues
Topic: Bathroom/Kitchen Tiles Online ?
Replies: 11
Views: 743

Re: Bathroom/Kitchen Tiles Online ?

Heath & Subway Ceramic are historic brands, both manufactured in California, expensive & very nice (in my opinion). I don't think you will see them in tile showrooms--best to order samples to see color & sheen. Most Subway Ceramic tiles are designed for a thinner grout line. Subway did a great job p...
by RetiredArtist
Wed Jun 05, 2019 4:59 pm
Forum: Personal Investments
Topic: Bond Ladder Managed Account
Replies: 41
Views: 2778

Re: Bond Ladder Managed Account

I am not a financial whiz, & I found it easy to transfer inherited bonds to Vanguard. I kept some munis, & sold some corporates, via Vanguard's bond desk. I'm sure Schwab would be easy too.
by RetiredArtist
Mon Jun 03, 2019 4:26 pm
Forum: Personal Consumer Issues
Topic: Medicare broker
Replies: 27
Views: 1150

Re: Medicare broker

Here in CA, the broker was paid by the insurance companies. If you made your Medicare choices without a broker, there did not seem to be a discount. I went to my SHIP office, read "Medicare and You" and talked to retired people, but was worried I would miss something. When I approached Medicare age,...
by RetiredArtist
Tue May 28, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4332

Re: Diagnosed with cancer, anything else I should be doing?

Many institutions, including Vanguard & Kaiser, will be reluctant to accept your attorney's Power of Attorney forms--they want you to fill out their form. We were happy to discover mobile notaries.
I hope things go well for you.
by RetiredArtist
Sun May 26, 2019 7:45 pm
Forum: US Chapters
Topic: Retiredjg at 36,000 posts!
Replies: 34
Views: 2745

Re: Retiredjg at 36,000 posts!

Another thank you to Retiredjg!
by RetiredArtist
Fri May 24, 2019 1:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard issues 10-year forecast for stock, bond market returns
Replies: 79
Views: 8869

Re: Vanguard issues 10-year forecast for stock, bond market returns

Anyone have their forecast from 5-10 years ago? How did they do? From June 2009 https://personal.vanguard.com/pdf/icrecm.pdf Did they forecast 8-12% for both US and international equities? Seems off the mark? According to Portfolio Visualizer, Vanguard's June 2009 predictions were fairly close to a...
by RetiredArtist
Sat May 11, 2019 4:36 pm
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2431

Re: Best way to kill poison ivy

The MSDS (Material Safety Data Sheet) for any commercial product is available online- just search for "MSDS Roundup". MSDS's aren't perfect, but they give you an idea. Check out the recommended precautions. Chemicals are absorbed through the skin, and you need the correct type glove. The MSDS only l...
by RetiredArtist
Sun Apr 28, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 196
Views: 22887

Re: Man’s life savings stolen from hijacked cellphone number

I think it would be good if financial institutions offer customers an option to opt in to procedure that transactions exceed $X need to be confirmed in person/with a medallion guarantee. It is inconvenient but I believe it is worth it for the an extra layer of protection. Medallion signature guaran...
by RetiredArtist
Fri Apr 26, 2019 2:01 pm
Forum: Personal Consumer Issues
Topic: Best email client for Mac?
Replies: 13
Views: 1190

Re: Best email client for Mac?

I am using gmail via Firefox browser on my mac (Mojave OS 10.14.4) and it works fine.
Only complaint is when I share a link via email it defaults to Mail.
by RetiredArtist
Fri Apr 12, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4627

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

This is at least the second time recently someone has posted about using a cashier’s check to buy a car. It had never occurred to me to buy a car that way. I’ve always paid by personal check. Why would someone use cashier’s check to buy a car? What are the advantages? My credit is frozen. For the f...
by RetiredArtist
Fri Apr 12, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 7508

Re: Ingenious Way To Find Reasonably Priced Painter

All the painting contractors in my area are Caucasian guys who drive $100K pickups. After you sign the contract their Hispanic crew shows up in a 25 year old pickup or van. I would prefer to deal directly with the guys who actually do the painting but apparently they aren't licensed. My neighbor hi...
by RetiredArtist
Thu Apr 11, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4627

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

This is at least the second time recently someone has posted about using a cashier’s check to buy a car. It had never occurred to me to buy a car that way. I’ve always paid by personal check. Why would someone use cashier’s check to buy a car? What are the advantages? My credit is frozen. For the f...
by RetiredArtist
Sat Apr 06, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Are Memory Care charges deductible?
Replies: 3
Views: 403

Re: Are Memory Care charges deductible?

From IRS Pub 502 for 2018: Qualified Long-Term Care Services Qualified long-term care services are necessary diagnostic, preventive, therapeutic, curing, treating, mitigating, rehabilitative services, and maintenance and personal care services (defined later) that are: 1. Required by a chronically i...
by RetiredArtist
Sat Apr 06, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 157
Views: 7923

Re: Received a Ransomware email

Sign up for haveibeenpwned.com, to see how your info leaked out
by RetiredArtist
Tue Apr 02, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Cross Country Move
Replies: 10
Views: 1219

Re: Cross Country Move

Label your boxes, 1 of 20, 2 of 20 etc.
When sending via UPS or US parcel post, address box 1 to Bob A Smith, Bob B Smith, etc.
Make a list of what's in each box.
Check boxes off your list as they arrive, & then sign release for shipper.
by RetiredArtist
Mon Apr 01, 2019 12:24 pm
Forum: Personal Investments
Topic: Trust management help
Replies: 18
Views: 1653

Re: Trust management help

When I was a trustee, the trust lawyer told me to seek professional advice re suitable investments for the trust. I used a one time, fee-only advisor, acting as a fiduciary (for the interests of the beneficiaries/remaindermen). Edited to add- in our case, Vanguard Personal Advisor Service said they ...
by RetiredArtist
Sat Mar 30, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Question about Cashiers Check for tentative car purchase
Replies: 34
Views: 1737

Re: Question about Cashiers Check for tentative car purchase

Has anyone ever had a dealer decline to accept a personal check? Yes!! The dealer claimed they could not take a personal check due to anti money laundering/anti terrorism laws. I schlepped to the bank & got a cashier's check. The salesman took the check, and said they were waiting for it to clear. ...
by RetiredArtist
Fri Mar 29, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5862

Re: Help on Women and Investing

Some women are experienced investors, & some men are not.
by RetiredArtist
Fri Mar 29, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7643

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Not a big change in my taxes. My mortgage is paid off, my property tax is low (due to CA Proposition 13). Turned 70.5 in 2018. My 2018 income including RMDs = 95% of 2017 income. I took RMD's as QCD's, as a result 2018 income = 75% of 2017 income. My marginal tax rate is up 7% from 2017, effective t...
by RetiredArtist
Wed Mar 27, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: I hate bonds
Replies: 116
Views: 14140

Re: I hate bonds

Nisiprius, I am bookmarking your fantastic explanation- thanks.
by RetiredArtist
Tue Mar 26, 2019 8:26 pm
Forum: Personal Investments
Topic: Avoiding tax torpedo at 70.5
Replies: 36
Views: 4849

Re: Avoiding tax torpedo at 70.5

At age 70.5, you can take your RMD's as Qualified Charitable Distributions, and they don't add to your income.
by RetiredArtist
Tue Mar 19, 2019 12:20 pm
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5278

Re: TreasuryDirect - Don't let your survivor lose assets

I was a trustee; the trust assets included paper EE bonds. Distribution included many steps involving multi-page forms, all requiring the dread Medallion Signature Guarantee. I had to go to my credit union several times, to find a bank officer who could find the stamp thingy. Then I had to instruct ...
by RetiredArtist
Tue Mar 12, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Renting in Boston - how difficult with a pit bull?
Replies: 48
Views: 3531

Re: Renting in Boston - how difficult with a pit bull?

Surely a well trained dog & human would be more welcome- take the AKC canine good citizen class, & pass the test.
by RetiredArtist
Fri Mar 08, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 8309

Re: attacked by off-leash dog

Dog lover, shelter volunteer, amateur dog trainer & behaviorist here. I go to an off leash dog park daily. Both my current dog & myself have experienced dog bites. My 20 pound puppy was mangled by an 80 pound dog, who came in like an arrow from a block away- at a dog park. For my dog, $3000 in vet b...
by RetiredArtist
Sat Feb 09, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 7846

Re: Buying house with son [and his girlfriend]

Attorney said because real estate law addresses real estate, while contract law is general, the language covered by real estate law is is more generally agreed upon. Attorney was promoting condo ownership as being better, because it is covered by real estate law. As I understood it, tenant in common...
by RetiredArtist
Sat Feb 09, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 7846

Re: Buying house with son [and his girlfriend]

I have been a tenant in common in a residential property for decades. We finally got around to having a real estate attorney draw up a tenants in common agreement. It addresses many "what ifs". The attorney said the tenants in common agreement is based on general contract law. If disputes arise, leg...
by RetiredArtist
Wed Jan 30, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a nondeductible IRA?
Replies: 20
Views: 1002

Re: Is this a nondeductible IRA?

It is confusing for non-financial people like myself. A "non-deductible" IRA contribution can be proportionally "deducted" when you take a distribution- because the non-deductible contributions increase your cost basis. My five non deductible IRAs were from the 1980's. Who knew to keep track? Not me...
by RetiredArtist
Thu Jan 24, 2019 8:22 pm
Forum: Personal Investments
Topic: Buy pacific gas and electric?
Replies: 44
Views: 4741

Re: Buy pacific gas and electric?

Isn't investing your 401k in shares of the your employer's company the opposite of diversifying? PGE had a good news/bad news day (from KQED): After a 15-month investigation into the deadliest of the 2017 Northern California wildfires, Cal Fire on Thursday announced that PG&E equipment was not respo...
by RetiredArtist
Wed Jan 23, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Ignore small amount of post-tax contributions in Traditional/Rollover IRA?
Replies: 2
Views: 248

Ignore small amount of post-tax contributions in Traditional/Rollover IRA?

My Traditional IRA (now all at Vanguard) contains: 1. Rollovers from multiple 401-k’s/403-b-7’s, in which employers wrote the checks. Some of these were rolled over several times (for example, American United Life to Franklin Templeton to Vanguard) 2. Old fashioned IRAs that I opened, for which I wr...
by RetiredArtist
Fri Jan 18, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Is the security check website "Have I Been Pwned?" legit?
Replies: 28
Views: 10690

Re: Is the security check website "Have I Been Pwned?" legit?

From Mozilla Blog: Here’s how Firefox Monitor helps you learn if you’ve been part of a data breach Step 1 – Visit monitor.firefox.com to see if your email has been part of a data breach Visit monitor.firefox.com and type in your email address. Through our partnership with Troy Hunt’s “Have I Been Pw...
by RetiredArtist
Thu Jan 17, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: canvas floor cloths for kitchen
Replies: 3
Views: 481

Re: canvas floor cloths for kitchen

We fabricated many painted canvas floor cloths for the stage. You will need a workspace that is bigger than your floor cloth. Here is the process: Buy 12 oz canvas, seam if needed, tack to floor to prime, paint your "art", apply several clear sealer coats, finish edges (sew or glue backing). On the ...
by RetiredArtist
Mon Jan 14, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 361
Views: 62719

Re: Vanguard Municipal Money Market VMSXX 1.39%

Kevin, I have read all your posts, & have learned a lot about bonds & bond funds. Thank you! Children's author James Marshall could write a book in his Stupeds series about me- "The Stupeds Learn Investing". My questions are tax related (so I can use your spreadsheet correctly): Your spreadsheet sho...
by RetiredArtist
Thu Jan 10, 2019 4:08 pm
Forum: Personal Consumer Issues
Topic: Best way to match paint?
Replies: 22
Views: 1506

Re: Best way to match paint?

Just go to Lowes and have them match the paint in the computer. No brainer. Take a sample from the actual wall for a match. You need a piece about the size of a quarter. It will match the paint as is. If the paint faded over time, no matter because it matches what it sees now. The you can have them...
by RetiredArtist
Thu Jan 10, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Best way to match paint?
Replies: 22
Views: 1506

Re: Best way to match paint?

PS- It will be faster to paint entire walls. Multiple trips to the paint store are time consuming.
by RetiredArtist
Thu Jan 10, 2019 4:05 am
Forum: Personal Consumer Issues
Topic: Best way to match paint?
Replies: 22
Views: 1506

Re: Best way to match paint?

I assume you looked in garage/basement, to see if previous owner left any original paint. With the same paint, to touch up a small area, you could feather out the edges with a chip brush. Besides the color formula, you need to know what base to use. The base will determine the sheen (matte, eggshell...
by RetiredArtist
Sat Jan 05, 2019 2:10 am
Forum: Personal Finance (Not Investing)
Topic: Taking a pay cut now for potential of higher pay later
Replies: 19
Views: 1593

Re: Taking a pay cut now for potential of higher pay later

"Some hourly jobs I could think of that can pay 200K for doing a lot of standing: high end retail sales, jobs no longer technologically needed but protected by union rules and coming with tons of overtime, doorman in high end building pulling 16 hours of shifts a day, what else?" A union job paying ...
by RetiredArtist
Tue Jan 01, 2019 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Earthquake Insurance, Restricted Stock Unit
Replies: 14
Views: 1186

Re: Earthquake Insurance, Restricted Stock Unit

Some things to think about: How vulnerable is your building--age, construction type & earthquake risk for your location? When you bought your home, earthquake risk was part of disclosure package. Get a quote from the California Earthquake Authority. Size of deductible? Unlike homeowners insurance, t...
by RetiredArtist
Sat Dec 29, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6455

Re: Do you have a fun finance-related hobby?

You know how doctors, lawyers, and similar retire, and take up painting? After a life in the arts, personal investing is becoming my weird hobby.